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Make sentences

1. Company/ raise/ capital/ issue/ new share/ called share flotation

2. Primary listing/ arranged/ investment bank/

3. Investor/ trade/ share/ what/ called/ secondary market

4. IPO/ process/ company/ come/ market/ when/ issue/ share/ first time

5. When/ investment bank/ underwrite/ share/ promise/ buy/ any share/ not sold/ investor

6. Institutional investor/ pension fund/ fund manager/ mutual funds/ hedge fund/ biggest/
investor/ stock market

7. Investor/ hope/ two/ kind/ return/ investment/ dividend/ capital gain

8. Profit/ not distributed/shareholder/ but/ kept/ reinvestment/ called/ retained profit/ balance
sheet/ company

9. Investor/ stock market/ protected/ fraud/ listed company/ follow/ regulations

10. After/ first listing/ supported/ investment bank/ company/ share/ traded/ secondary market/
everyday

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